Toread Holdings Group Third Quarter 2024 Earnings: EPS: CN¥0.019 (vs CN¥0.028 in 3Q 2023)

Toread Holdings Group (SZSE:300005) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥399.3m (up 6.5% from 3Q 2023).
• Net income: CN¥16.2m (down 34% from 3Q 2023).
• Profit margin: 4.1% (down from 6.5% in 3Q 2023).
• EPS: CN¥0.019 (down from CN¥0.028 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Toread Holdings Group Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Leisure industry in China.

Performance of the Chinese Leisure industry.

The company's shares are up 4.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Toread Holdings Group you should be aware of, and 1 of them shouldn't be ignored.

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